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EU unleashes 18th sanctions package
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By Nidhi Verma, Mohi Narayan and Trixie Yap NEW DELHI/SINGAPORE (Reuters) -Indian private refiners that have leveraged cheap ...
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Oil Prices Drop Amid Minimal Impact from Russia Sanctions and Rising US-EU Trade TensionsOil prices declined in early Asian trading on Tuesday as markets assessed that European sanctions on Russia would have a minimal effect on global supply. At the same time, growing concerns over a ...
Sanctions from the European Union and United States have devastated Russia’s coal sector, causing billions in losses, ...
Fossil fuel revenues form the backbone of Russia's economy, which has been buffeted by sanctions following Vladimir Putin's ...
Rosneft , Russia's biggest oil producer, on Sunday slammed European Union sanctions on India's Nayara Energy refinery as ...
Analysts say it would be wrong to underestimate Russia’s oil industry. It was struggling when the Soviet Union collapsed in the early 1990s, ...
The question that the Russian industry immediately faces is whether to throttle back production. Russia has been producing about 10 percent of the world’s oil supplies.
By contrast, Russia’s all-in cost of oil production is about $44 a barrel. And the marginal cost to produce an additional barrel from an existing well is in the range of $5 to $10 .
Russia has a large oil and gas industry with trained personnel who can operate most facilities, analysts say. “It is very easy to find Russian technical people to work on these projects,” said ...
The oil and gas industry has long been one of Russia’s highest-paying employers, offering a wage that exceeded the national average by at least two thirds since 2017, according to Bloomberg ...
Both Nayara Energy and Reliance Industries Limited (RIL) are likely to face challenges from the fresh sanctions imposed by ...
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